Federal Reserve plan to purchase housing-related debts will provide relief to Main Street.
Despite favorable affordability, sales fell 3.1 percent due to economic volatility.
NAR encourages Treasury Department to use the Troubled Asset Relief Program to help.
Financial Markets (ECON 252) Real Estate is the biggest asset class and of great importance for both individuals and institutional investors. An array of economic and psychological factors impact real estate investment decisions and the public has changing ideas of real estate as a profitable investment. People’s demand to buy a home by taking on long-term debt, called a mortgage, is often tied with the overall health of the economy and financial markets. In recessions, home buying tends to …